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Australian (ASX) Gold Industry Analysis
UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies153
- 7D-9.0%
- 3M19.9%
- 1Y90.2%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 9.0%, driven by Northern Star Resources declining 7.5%. On the other hand Solstice Minerals is actually up 157%. In the past year, the industry has gained 90%. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Australian Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Feb 2026 | AU$167.5b | AU$26.3b | AU$4.6b | 28.6x | 36.8x | 6.4x |
| Tue, 06 Jan 2026 | AU$165.2b | AU$26.4b | AU$4.6b | 26.6x | 36.1x | 6.3x |
| Thu, 04 Dec 2025 | AU$154.0b | AU$26.4b | AU$4.6b | 25.4x | 33.7x | 5.8x |
| Sat, 01 Nov 2025 | AU$139.9b | AU$26.4b | AU$4.6b | 24.3x | 30.5x | 5.3x |
| Mon, 29 Sep 2025 | AU$133.7b | AU$26.3b | AU$4.7b | 18.8x | 28.6x | 5.1x |
| Wed, 27 Aug 2025 | AU$110.3b | AU$25.2b | AU$4.8b | 15.2x | 23.2x | 4.4x |
| Fri, 25 Jul 2025 | AU$100.3b | AU$22.1b | AU$3.1b | 17.5x | 32.5x | 4.5x |
| Sun, 22 Jun 2025 | AU$102.7b | AU$22.3b | AU$3.1b | 19.1x | 33.3x | 4.6x |
| Tue, 20 May 2025 | AU$97.1b | AU$22.3b | AU$3.1b | 20.4x | 31.3x | 4.3x |
| Thu, 17 Apr 2025 | AU$98.0b | AU$22.2b | AU$3.0b | 19.8x | 32.2x | 4.4x |
| Sat, 15 Mar 2025 | AU$82.1b | AU$22.2b | AU$3.1b | 19x | 26.8x | 3.7x |
| Mon, 10 Feb 2025 | AU$82.1b | AU$18.6b | AU$1.8b | 20.3x | 44.7x | 4.4x |
| Wed, 08 Jan 2025 | AU$71.0b | AU$18.6b | AU$1.8b | 21.1x | 39.2x | 3.8x |
| Fri, 06 Dec 2024 | AU$75.1b | AU$18.6b | AU$1.8b | 21.8x | 41.5x | 4x |
| Sun, 03 Nov 2024 | AU$77.5b | AU$18.5b | AU$1.8b | 23.6x | 43x | 4.2x |
| Tue, 01 Oct 2024 | AU$69.0b | AU$18.2b | AU$1.8b | 21.9x | 37.3x | 3.8x |
| Thu, 29 Aug 2024 | AU$65.1b | AU$17.6b | AU$1.4b | 20.3x | 47.3x | 3.7x |
| Sat, 27 Jul 2024 | AU$58.9b | AU$16.1b | AU$1.1b | 22.4x | 54.2x | 3.7x |
| Mon, 24 Jun 2024 | AU$57.6b | AU$16.1b | AU$1.1b | 20.3x | 53x | 3.6x |
| Wed, 22 May 2024 | AU$61.7b | AU$17.1b | AU$1.2b | 22.1x | 52.1x | 3.6x |
| Fri, 19 Apr 2024 | AU$60.0b | AU$17.2b | AU$1.2b | 23.5x | 49.8x | 3.5x |
| Sun, 17 Mar 2024 | AU$52.0b | AU$16.9b | AU$1.3b | 18.2x | 40.3x | 3.1x |
| Tue, 13 Feb 2024 | AU$48.4b | AU$15.3b | AU$279.1m | 23.1x | 173.3x | 3.2x |
| Thu, 11 Jan 2024 | AU$73.5b | AU$22.9b | AU$1.3b | 23.3x | 54.6x | 3.2x |
| Sat, 09 Dec 2023 | AU$74.3b | AU$22.9b | AU$1.3b | 22.2x | 55.1x | 3.2x |
| Mon, 06 Nov 2023 | AU$69.6b | AU$22.8b | AU$1.3b | 22.1x | 52.1x | 3x |
| Wed, 04 Oct 2023 | AU$66.2b | AU$23.0b | AU$1.4b | 21.1x | 48.7x | 2.9x |
| Fri, 01 Sep 2023 | AU$70.9b | AU$22.9b | AU$1.3b | 19.3x | 53.6x | 3.1x |
| Sun, 30 Jul 2023 | AU$69.9b | AU$22.3b | AU$551.9m | 18.1x | 126.6x | 3.1x |
| Tue, 27 Jun 2023 | AU$68.2b | AU$22.3b | AU$554.9m | 16.8x | 122.9x | 3.1x |
| Thu, 25 May 2023 | AU$71.4b | AU$22.4b | AU$598.4m | 18.8x | 119.4x | 3.2x |
| Sat, 22 Apr 2023 | AU$76.0b | AU$22.3b | AU$578.3m | 18.4x | 131.5x | 3.4x |
| Mon, 20 Mar 2023 | AU$62.9b | AU$22.4b | AU$628.0m | 14.6x | 100.2x | 2.8x |
| Wed, 15 Feb 2023 | AU$66.2b | AU$20.7b | AU$1.1b | 18.8x | 57.8x | 3.2x |
Price to Earnings Ratio
57.8x
Current Industry PE
- Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 36.8x which is lower than its 3-year average PE of 62.0x.
- The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 6.4x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 58% per year over the last three years.
- Revenues for these companies have grown 8.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Gold compare with similar industries?
| AU Market | -2.49% | |
| Materials | -5.32% | |
| Metals and Mining | -5.46% | |
| Gold | -8.97% | |
| Steel | -0.95% | |
| Diversified Metals and Mining | -4.76% | |
| Aluminum | -6.27% | |
| Copper | -8.08% | |
| Precious Metals and Minerals | -9.35% | |
| Silver | -21.10% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SLS Solstice Minerals | AU$1.17 | 157.1% +AU$81.7m | 550.0% | PB6.6x | |
| PC2 PC Gold | AU$0.72 | 24.1% +AU$38.4m | n/a | PB19.9x | |
| AAR Astral Resources | AU$0.27 | 8.2% +AU$36.0m | 96.3% | PB5.5x | |
| TM1 Terra Metals | AU$0.35 | 10.9% +AU$27.7m | 1,083.3% | PB37.4x | |
| FXG Felix Gold | AU$0.35 | 9.4% +AU$14.8m | 159.3% | PB4.4x |